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$495,000 -$15,000 (-2.94%) Price Reduced

  • For Sale
  • Active
  • Duplex
  • 1,120 Sq. Ft.
  • Updated 3 days ago
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Invest in Paradise! This charming 1962 duplex at 1202 S M Street in Lake Worth Beach offers a stellar cash-flow opportunity and amazing upside. Located less than a mile from the ocean, it features two 1-bed/1-bath units on an oversized corner lot, with plenty of room for expansion, add more units, or create a compound! Lake Worth Beach's unique artistic character makes it a winter home for artists from all over the world, thanks to its proximity to the pristine beach, world-class restaurants, and spas. Join the big-time investors who are spending billions rebuilding West Palm Beach and Lake Worth Beach. It's only a matter of time. Buyers should verify any use changes with their investment advisors and the City of Lake Worth Beach.

Full Property Details for 1202 S M St

General

  • Price: $495,000
  • Taxes: $9,854 (2025)
  • Status: Active
  • Type: Duplex
  • Source: Regional
  • MLS ID: B26027722
  • Updated: 7/6/2026
  • Added to Site: 60 day(s) ago

Interior

  • Flooring: Ceramic Tile, Tile

Exterior

  • Exterior Features: None, Outdoor Living Area, Room For Pool
  • Porch/Patio/Deck: Patio, Porch

Parking

  • Total Spaces: 4

Location

  • County: Palm Beach
  • Subdivision: LAKE WORTH TOWN OF ADD 1

School Information

  • Elementary School: Barton
  • Middle School: Lantana Community
  • High School: Lake Worth

Community

  • Community Name: 5640
  • Units Assoc/Comm: 2
  • Pets Allowed: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Electric, Wall/Window Unit(s)
  • Heating Type: Electric, Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable Connected, Electricity Connected, Natural Gas Available, Sewer Available, Water Available
  • # Gas Meters: 2
  • # Electric Meters: 2

Structural Information

  • Structure Type: Duplex
  • Construction: Block
  • Roof: Composition
  • Windows: Metal, Single Hung, Sliding
  • Stories/Levels: 1
  • Building Size: 1336
  • Square Feet: 1,120
  • Sq. Ft. Source: Assessor
  • Living Area: 1,120 Sq. Ft.
  • Year Built: 1962
  • Property Condition: Resale

Lot Features

  • Property View: Garden
  • Lot Size (Acres): 0.15
  • Lot Dimensions: 50.0 ft x 135.0 ft
  • Frontage: City Street, Asphalt
  • Road Maintenance: Public Maintained Road
  • Lot Features: Corner Lot, Oversized Lot, 1/4 Acre
  • Zoning: SF-R(c

Water Features

  • Water Front View: None

Financial Considerations

  • Tax Amount: $9,854
  • Tax Year: 2025
  • Terms: Cash, Conventional
  • Tenant Pays: Cable TV, Electricity, Water

Disclosures and Reports

  • Special Conditions: Standard
  • Documents Avail.: Lease, Rent Rolls
  • Legal Description: ADD 1 TO TOWN OF LAKE WORTH LT 8 BLK 56
  • Property ID: 38434427010560080

Listed by Illustrated Properties LLC (Co

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Listing agent

— 1202 S M St —

  • Illustrated Properties LLC (Co

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1202 S M St

School District:Palm Beach County School District
NameGradesDistance
Barton Elementary School
1700 Barton Rd, Lake Worth Beach, FL 33460
PK-50.8 mi
Lake Worth High School
1701 Lake Worth Rd, Lake Worth Beach, FL 33460
9-121.2 mi
Lantana Middle School
1225 West Drew Street, Lantana, FL 33462
6-81.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1202 S M St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/06/2026
Price Reduced
$495,000
-2.94%
MLS
6/11/2026
Price Reduced
$510,000
-2.86%
MLS
5/12/2026
Listed
$525,000
31.25%
MLS
3/28/2025
Sold
$400,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1202 S M St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,136
—
$404,786
10%
2024
$9,136
17%
$367,987
19%
2023
$7,787
76%
$310,122
67%
2021
$4,415
-10%
$185,674
-23%
2022
$4,888
11%
$240,286
38%
2021
$4,415
12%
$173,579
51%
2019
$3,948
19%
$115,068
10%
2018
$3,329
7%
$104,607
10%
2017
$3,118
6%
$95,097
10%
2016
$2,949
7%
$86,452
10%
2015
$2,747
8%
$78,593
10%
2014
$2,536
27%
$71,448
61%
2013
$1,994
—
$44,353
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Illustrated Properties LLC (Co

Recent Sales near 1202 S M St

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1017 S M St, Lake Worth, FL 33460 - Photo 1 Sold
$540,000

1017 S M St  Lake Worth, FL 33460

  • Triplex
  • Closed
  • 1,376
    Sq. Ft.
1607 S N St, Lake Worth, FL 33460 - Photo 1 Sold
$497,999

1607 S N St  Lake Worth, FL 33460

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 1,864
    Sq. Ft.
926 S 13th Ave S, Lake Worth, FL 33460 - Photo 1 Sold
$435,000

926 S 13th Ave S  Lake Worth, FL 33460

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 1,232
    Sq. Ft.
1018 S C St, Lake Worth, FL 33460 - Photo 1 Sold
$520,000

1018 S C St  Lake Worth, FL 33460

  • Single Family
  • Closed
  • 3
    Beds
  • 3
    Total Baths
  • 1,524
    Sq. Ft.

1202 S M Street, Lake Worth Beach, FL 33460 (MLS# B26027722) is a Duplex property with 0 bedrooms and 0 full bathrooms. 1202 S M Street is currently listed for $495,000 and was received on May 12, 2026. Want to learn more about 1202 S M Street? Do you have questions about finding other Duplex real estate for sale in Lake Worth Beach? You can browse all Lake Worth Beach real estate or contact a Coldwell Banker agent to request more information.

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